HK comments leave the door open to use of cryptocurrencies as proof of wealth
The Hong Kong government has responded for the first time to questions about the use of cryptocurrencies as proof of…
Crypto scams likely set new record in 2024 helped by AI
The rise of “pig butchering” scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams…
Bitcoin price recovers slightly ahead of Trump-Putin talks
Bitcoin (BTC-USD) edged up by about 1% on Thursday, climbing to $96,535 (£77,328). The cryptocurrency’s intraday range spanned from approximately…
Gold Resumes Ascent Toward Record With Dollar and Trade in Focus
Gold resumed its ascent toward a record as the US dollar and Treasury yields fell, with traders assessing America’s push…
Bitcoin Miners Enter “Capitulation” Phase, Sparking Speculation of Price Reversal Below $100K
Bitcoin’s market is showing signs of a potential price shift as miners enter a phase of “capitulation.” This phase is…
Gold’s Record Rally Hits Pause as Traders Assess Powell’s Speech
Gold fell for a second day, retreating from a record high, as the US central bank signaled that it’s in…
Strategy reports fourth straight quarterly loss, deepens bitcoin focus with rebranding
Strategy, the biggest corporate holder of bitcoin, reported a fourth consecutive quarterly loss on Wednesday as the company booked an…
Gold Steady Near Record High on Economic and Geopolitical Risks
Gold steadied — after blowing through a series of record highs in the previous session — with rising economic and…
Bitcoin Mining Difficulty Drops for First Time in 4 Months as Production Declines Across Major Firms
Bitcoin miners experienced declining production in January due to near-record-high network difficulty. Mining difficulty peaked at 110 trillion (T), a…
Bitcoin Slides as US-China Trade War Escalation Rattles Markets
Bitcoin and other digital assets faced renewed selling pressure on Tuesday as trade tensions between the world’s two largest economies…